Tag: NNPC.
Stop the blackmail: Mele Kyari, NNPC not the problem
To address domestic gas challenges, the NNPC GMD commissioned the Oredo Integrated Gas Handling Facility (IGHF) and the Liquefied Petroleum…
Abba Muyiwa Oseni: Letter to President Bola Tinubu on NNPC
As of today, the oil industry in Nigeria is on life support and will die in short order if urgent…
Just in: Kano Governorship Election Tribunal begins virtual judgement
There is heavy security presence within the Miller Road and around the Bompai area, venue of the tribunal judgement.
Court discharges 22 banks in N4.7bn garnishee proceedings against NNPC, PPMC
Justice Allagoa, in his judgement declared that "in all, the plaintiffs have proved their case on the preponderance of evidence…
The Confusion around Petrol Subsidy
If only the modular refineries that have been commissioned had been able to access crude, by now we would have…
Humongous hike in petrol price vexatious, withdraw it now – NLC tells FG
On Wednesday, the NNPC confirmed the hike in price of petroleum product, which now sells between N488 and N555 per…
NNPC Ltd welcomes Tinubu’s removal of fuel subsidy
Kyari said the removal of the subsidy, which had been a burden on NNPC’s cash flow, would free up funds…
Mischief makers and their failed campaign of calumny against NNPC, officials
The President-elect, Bola Ahmed Tinubu is also not in a hurry to 'sack' political office holders neither is he running…
Sen. Ararume sues FG over removal as NNPC Chair
The News Agency of Nigeria, (NAN) reports that the suit marked, FHC/ABJ/CS/691/2022 was instituted on Ararume’s behalf by a group…
NNPC posts N674 billion profit
The profit represented a growth of 134.84 per cent when compared with N287 billion profit in 2020 which was recorded…
What to know about the Nigeria-Morocco Gas Pipeline Project
Nigeria has joined other countries that constructed cross-country pipelines. It is a source of power and influence in the comity…
Increase in fuel price not from government – NNPC
The Federal Government says it has not removed subsidies on the Premium Motor Spirit (PMS), otherwise known as fuel.
Nigerian lawmakers begin massive probe of NNPC’s contracts in last 32 years
Just a day after the Nigerian National Petroleum Corporation transformed into the Nigerian National Petroleum Company Limited, the House of…
Buhari unveils new NNPC, says company will guarantee national energy security
At the event, which featured a Special rendition of the Theme Song ''Energy for today, Energy for tomorrow, Energy for…
Exxon Mobil, Shell pursue $2.67 billion claim against NNPC in U.S.
The dispute arose from a 1993 contract for Esso Exploration and Production Nigeria Ltd and Shell Nigeria Exploration and Production…
NNPC begins operation as limited liability entity July 1
The new company would become operational with the transfer of verified assets from the Corporation to the NNPC Ltd. by…
NNPC says AKK Pipeline project will deliver gas in 2023 Q1
Kyari who was accompanied by other members of his Management Team, stated that as a result of activities around the…
Did Dangote Refinery defraud Nigeria by selling 20% stake to NNPC at $2.76B?
Some Nigerians openly charged that the deal was fraudulent and that the NNPC overpaid for the 20 percent value of…
NNPC announces N37.5bn trading surplus
Details of the figures contained in the September 2021 NNPC Monthly Financial and Operations Report (MFOR) indicate that the rise…
Petrol scarcity: NNPC begins 24-hour loading of trucks at depots
The NNPC, Group Managing Director, Malam Mele Kyari, made this known to journalists in Abuja on Wednesday shortly after a…
Omokore denies buying cars, houses for Diezani, NNPC chiefs
Omokore, the first defendant spoke while giving evidence at the resumed hearing of the $1.6 billion fraudulent oil deal.
The 4 companies that Imported bad fuel into Nigeria
NNPC has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality Premium Motor Spirit…
JUST IN: NNPC orders emergency 500K tonnes of petrol to ease shortages
The emergency supplies equal 1,415, 800,000 litres of petrol, which will just be OK for about 28 days, at 50…
Petrol subsidy to cost Nigeria’s treasury N3 Trillion in 2022
NNPC’s assessment is that Nigeria is consuming 65.7 million litres of petrol per day
Minor fire at Port Harcourt refining company – NNPC
NNPC played down the effect of the fire outbreak explaining that it caused insignificant damage and was put out in…
NNPC not constructing roads: Fashola
Fashola said: “NNPC is not taking over roads, NNPC is not constructing roads, NNPC is just putting forward its tax…
NNPC rakes in N203B from petroleum products sale
The report also revealed that total revenues generated from sales of white products for the period July 2020 to July…
NNPC presents N621.24bn cheque for reconstruction of 21 roads
The Nigerian National Petroleum Corporation (NNPC), on Tuesday handed over a symbolic cheque of N621.24 billion for the rehabilitation of…
NNPC announces N141.96B trade surplus
The report stated that in June 2021, NNPC Group operating revenue as compared to May 2021, decreased by 9.07 per…
Afreximbank grants $1.04B loan to NNPC
Afrexim President Benedict Oramah said the loan represented a balanced approach to development and climate, noting that Africa contributes just…